The avalanche of failing governments in Europe has left many legislators with no choice but to seize European taxpayer savings and pension accounts to cover the governments’ bills. Read more of this post

The 2011 seems to usher in some good news after the long economic slump. At least that is what the experts have to say. Though not a major economic punch, but the betterment can be felt in ripples. Read more of this post

Emerging economies expressed their disappointment with the Fed which makes even more difficult a significant agreement on global misbalances and exchange rates in the coming G-20 summit next week in Seoul, Korea. Read more of this post

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The Finance Ministers of 187 nations began meeting in Washington, DC on Thursday, Oct. 7, 2010 to discuss the growing concerns that the world is now in the grip of an “international currency war” initiated by China. Read more of this post

The worst nightmare forecast by economic specialists over the previous years has come true: new research by economic gurus in the United States of America has revealed a bleak scenario: the United States’ economy is in a state of depression. Read more of this post

The last few weeks have been a nightmare for President Obama, in a summer of discontent in the United States which has deeply unsettled the ruling liberal elites, so much so that even the Left has begun to turn against the White House. Read more of this post

According to EconomicPolicyJournal.com 32 US states have run out of funds to make unemployment benefit payments. The end result is that the federal government has been supplying these states with funds so that they can make their payments to the unemployed. Read more of this post

The global financial crisis, it is now clear, was caused not just by the bankers’ colossal mismanagement. No, it was due also to the new financial complexity offering up the opportunity for widespread, systemic fraud. Read more of this post

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RFID, short for Radio Frequency ID, tags have found their way into a wide variety of applications. These pellets, which are often roughly the same size as a grain of rice, can help us to be reunited with our lost pets, keep towels inside the hotel, and keep big box stores shipping the right boxes […]